Another reason for the stock falling by double-digits is the change at the executive office. Donnie Smith, the current chief executive officer, will be resigning on December 31, 2016. His replacement will be Tom Hayes, who currently serves as Tyson Foods’ president.

Looking forward, are there positive catalysis ahead for TSN stock?

As the new CEO, Hayes will be the one responsible for driving growth across the United States. He will also have access to advice from Smith, who will work as a consultant over the next few years as part of the transition.

Tyson Foods acquired Hillshire Brandsin 2014, with the integration process still slowly taking place. Next year, the cost savings from the two companies’ synergy is estimated to be around $675.0 million, which would be reflected in the bottom line.

According to the company outlook, the pricing across the four divisions should see growth in 2017. While the chicken division experienced negative sales this year, next year’s outlook is growth of nine percent to 11%. (Source: Ibid.)

For income investors, the company has done a great job of returning cash back to its shareholders. The fourth-quarter dividend for 2016 increased by 50%, with expected annual increases of $0.10. (Source: Ibid.)